Using the information in the following table,calculate the rate of increase in the price level from 2013 to 2014.Use the percentage change in the GDP deflator.
Definitions:
Functions
In mathematics and computer science, functions refer to a relationship or expression involving one or more inputs and a single output.
Place Theory
A theory in hearing that suggests that our perception of sound depends on where each component frequency produces vibrations along the basilar membrane of the inner ear.
Frequency Theory
A theory in the psychology of hearing that suggests the frequency of a sound is encoded by the frequency of neural impulses sent to the brain.
Sensation
The method through which our sensory receptors and nervous system perceive and portray the energies of stimuli from our surroundings.
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